Name any trade group that claims to represent songwriters and/or musicians and they well all tell you how they are all about making sure that the musicians are getting their fair share of money earned by their music. It’s a nice fallacy which I am sure helps record executives and trade group thugs sleep easy at night but the truth of the matter is that money collected on their behalf very rarely makes it to them.
Lately a lot of noise has been made of a music service called Spotify and how it will let people listen to music for free as long as they don’t mind advertising mixed it; or they could pay for the service and not have to put up with the ads. The publicity around the service was that this was a legitimate that would make sure that the artist got their fair share unlike the thieves running sites like Pirate Bay.
The thing is this isn’t the case, or at least as far as Swedish artist and composer Magnus Uggla it isn’t. When he first came across Spotify he thought is was great, a free service that offers just about everything and because of the involvement of all the music labels – including his own, Sony BMG, there was a feeling that finally artists would start seeing reasonable payments for their music.
Experience has proved otherwise as Magnus says that his first earnings statement from Spotify made it quite apparent that a Busker (street musician) could earn more in one day than what Spotify and his label wanted to pay him for six months.
… Uggla was as surprised as most people when he learned last week that the major labels, including Sony, all have a stake in Spotify. A mere 30,000 kroner ($4,000) investment bought the company 5.8% of the service now valued at around 1.8 billion kroner ($251m).
Referring to the valuation, Uggla questions how this company can do so well – and comes to the conclusion that it’s at the artist’s expense. He says that Sony Music, after “suing the shit out of The Pirate Bay” is acting just like them by not paying the artists.
“I would rather be raped by Pirate Bay than by Hasse Breitholtz and Sony Music and will remove all of my songs from Spotify pending an honest service,” he says.
Source: TorrentFreak :: I’d Rather Be Raped By Pirate Bay Than Go With Spotify
The Internet might be a hard place for musicians to earn a living but at some point it has to be better than signing everything over to record companies who do nothing more than pimp out musicians and then pocket most of the money.